11. list three strategies that can be used to keep a/r down

Some of the strategies which are being used to keep the accounts receivable down are;

1. Identify new sources of revenue with those customers who are existing. Here you will find means on how to increase revenues. You understand all the types of services and products which are being offered by your business.

2. You highlight inefficiencies which recommend improvements and exist processes. You look for processes which will work better with your business. Resolve the problems for the non-payment and those who are paying late.

3. You target segments of customer for custom promoting and communication. You have to create and know which customer to target to increase communication for customers to engage in your brand.

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